HERMES BIRKIN BAG IS BETTER INVESTMENT THAN GOLD OR STOCKS
The next time you have a cool $50k or so laying around, don’t invest in gold: Buy a Birkin. Baghunter, a website dedicated to luxury online retail, did a study comparing gold, the S&P 500 (an American stock market index), and the Hermès Birkin bag over the past 35 years. The shocker? The pricy Hermès bag favored by celebrities, which comes with a years-long waiting list, increased in value at an average of 14.2 percent a year. That adds up to an increase of more than 500 percent in that time period. (more…)
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